MICHAEL OLESEN HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL OLESEN HOLDING ApS (CVR number: 30499662) is a company from ESBJERG. The company recorded a gross profit of -10.4 kDKK in 2019. The operating profit was -10.4 kDKK, while net earnings were 6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MICHAEL OLESEN HOLDING ApS's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.